Norway s new energy storage project construction implementation plan

The Illvatn project, with an estimated price tag of NOK1.2 billion (US$113 million), is expected to begin construction in 2025, targeting 2028 or 2029 for full operation. “We have carefully developed this project over an extended period, in close dialogue with authorities and the local community. [pdf]

FAQS about Norway s new energy storage project construction implementation plan

Is Norsk Hydro planning a 84gwh pumped storage project?

Norsk Hydro, a leading Norwegian aluminum and renewable energy company, has announced plans for an 84GWh pumped storage project in Luster Municipality, Norway. The Illvatn project, estimated to cost NOK 1.2 billion (approximately $113 million), aims to commence construction in 2025, with a target for full operational status by 2028 or 2029.

Is Norsk Hydro planning a new pumped storage power plant?

In April 2020, the Norwegian Ministry of Energy granted Norsk Hydro a concession to develop the Illvatn pumped storage power plant. An application for a plan change is being processed by the Norwegian Water Resources and Energy Directorate (NVE).

What projects are under development in Norway?

Another project under development in Norway is a new power plant at Torolmen, in the Årdal municipality, with an estimated annual production of around 30 GWh. The total investment for this project could reach NOK290 million (US$27.4 million), with potential construction starting as early as 2027.

When will a new pumped storage power plant be built?

(Credit: Narrativ/Hydro) Hydro is set to construct a new pumped storage power plant in Luster Municipality, Norway. Construction is expected to commence in 2025, with operations anticipated to begin in 2028 or 2029. The total investment for the project is estimated at around NOK1.2bn ($110m).

Can a plan change be implemented in Norway?

An application for a plan change is currently being processed by the Norwegian Water Resources and Energy Directorate (NVE). The project’s implementation depends on a positive response to the application, with the final investment decision expected by the second quarter of 2025.

Will Norwegian hydro develop illvatn pumped storage power plant?

In April 2020, the Norwegian Ministry of Energy granted Hydro a concession to develop the Illvatn pumped storage power plant. An application for a plan modification is currently under review by the Norwegian Water Resources and Energy Directorate (NVE).

Portugal new energy storage power station construction

The collaboration between Galp and Powin has begun the installation of a large-scale battery energy storage system in Alcoutim, a small town located in the sunny Algarve region of southern Portugal. The project focuses on a 5 MW/20 MWh storage system at the Galp solar park in Alcoutim. [pdf]

FAQS about Portugal new energy storage power station construction

Why is Portugal launching a solar energy storage project?

This initiative aims to enhance the flexibility and stability of Portugal's power supply system amid its record-breaking solar electricity production. On July 31, the ministry announced the allocation of €99.75 million through a call for tenders to install energy storage projects totaling 500 MW.

What does Portugal's energy policy mean for the energy sector?

The Portuguese Ministry of Energy has allocated €100 million for grid flexibility and energy storage projects to be completed by the end of 2025. This initiative aims to enhance the flexibility and stability of Portugal's power supply system amid its record-breaking solar electricity production.

How much money will Portugal spend on energy storage projects?

This included six projects from Spain’s Iberdrola, which secured nearly EUR 20 million in public funding. Portugal’s Ministry of Energy has announced that it has allocated EUR 100 million ($104.2 million) to 43 energy storage projects which should be installed by the end of 2025.

What is the biggest energy storage grant in Portugal?

The biggest grant was awarded to Solara4Phase4 to the tune of EUR 16.4 million. A total of 43 projects were selected from 79 applications in Portugal’s 2025 energy storage procurement. This included six projects from Spain’s Iberdrola, which secured nearly EUR 20 million in public funding.

What is Portugal's Energy Strategy?

The strategy includes a target of 20.4 GW of operational PV systems by 2030, comprising 14.9 GW of large-capacity plants and 5.5 GW of decentralized generation. Additionally, Portugal has launched its first tender for biomethane and green hydrogen as part of this comprehensive energy strategy.

How many projects were selected in Portugal's 2025 energy storage procurement?

A total of 43 projects were selected from 79 applications in Portugal’s 2025 energy storage procurement. The biggest grant was awarded to Solara4Phase4 to the tune of EUR 16.4 million. A total of 43 projects were selected from 79 applications in Portugal’s 2025 energy storage procurement.

New Zealand container photovoltaic energy storage project

The Saft battery division of French energy and petroleum multinational TotalEnergies will supply 70 of its containerized Intensium Shift+ battery energy storage systems (BESS) to form a 100 MW/200 MWh project on New Zealand’s North Island. [pdf]

FAQS about New Zealand container photovoltaic energy storage project

Where is New Zealand's first large-scale battery storage system located?

Meridian Energy has officially opened New Zealand's first large-scale grid battery storage system at Ruakākā, the first of its kind, and a milestone in the country's renewable energy infrastructure development. The Ruakākā Battery Energy Storage System (BESS) delivers 100 megawatts (MW) of maximum output with 200 MW-hour storage capacity.

Who will build New Zealand's first grid-connected battery energy storage system?

The solution will also include 40 inverters Renewable energy generator Meridian Energy has selected France-based Saft to construct New Zealand’s first large-scale grid-connected battery energy storage system (BESS).

When will New Zealand's energy storage project come online?

The energy storage project is expected to come online during the July-to-September period of 2026. Saft described the Huntly Power Station as “the single largest electricity generation site in New Zealand.” New Zealand welcomed its first utility-scale battery energy storage system earlier this year.

What is New Zealand's First Utility-scale battery energy storage system?

New Zealand welcomed its first utility-scale battery energy storage system earlier this year. The 35 MW/35 MWh Rotohiko battery facility commenced operation with electricity distribution company WEL Networks in April, after compleating testing and commissioning.

What will Saft's 'turnkey' storage projects do for New Zealand?

The projects will even out electricity supply from hydro, wind, and solar power, and will address electricity price volatility. Saft, whose “turnkey” containers also feature power conversion and control systems, said the contract win will be the company’s third utility-scale storage project to add flexibility to the New Zealand grid.

Does CentrePort have a battery energy storage system?

CentrePort is taking another step on its energy journey with an onsite battery energy storage system (BESS) which will improve resilience and enhance the potential for future emission reductions.